In a previous article titled “How Does an Illinois Foreclosure Work” we briefly touched on Loss Mitigation options. Loss Mitigation is a general term for options to avoid foreclosure. Read the full article here: https://www.oflaherty-law.com/learn-about-law/what-are-my-rights-in-an-illinois-foreclosure
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In this video, we discuss your rights in an Illinois foreclosure and answer the following questions: What are Loss Mitigation Rights in a foreclosure?, Is my lender legally required to send me notices during the foreclosure process?, What is the Right to Reinstate in a foreclosure?, and What other rights do I have in a foreclosure?
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